Philip Morris International Inc. $PM is Capital International Investors’ 7th Largest Position

Capital International Investors raised its position in Philip Morris International Inc. (NYSE:PM) by 13.7% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 101,377,875 shares of the company’s stock after purchasing an additional 12,227,004 shares during the period. Philip Morris International accounts for 2.5% of Capital International Investors’ holdings, making the stock its 7th biggest position. Capital International Investors owned about 0.07% of Philip Morris International worth $16,262,967,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Tradition Wealth Management LLC increased its stake in Philip Morris International by 4.1% in the 4th quarter. Tradition Wealth Management LLC now owns 4,985 shares of the company’s stock valued at $800,000 after buying an additional 195 shares during the last quarter. Valtrion Capital Management LLC increased its stake in shares of Philip Morris International by 7.0% during the 4th quarter. Valtrion Capital Management LLC now owns 4,163 shares of the company’s stock worth $668,000 after purchasing an additional 272 shares during the last quarter. Havemeyer Place LP purchased a new stake in shares of Philip Morris International during the 4th quarter worth approximately $4,184,000. Vestcor Inc increased its stake in shares of Philip Morris International by 0.4% during the 4th quarter. Vestcor Inc now owns 123,436 shares of the company’s stock worth $19,799,000 after purchasing an additional 508 shares during the last quarter. Finally, Lowe Brockenbrough & Co. Inc. increased its stake in shares of Philip Morris International by 67.7% during the 4th quarter. Lowe Brockenbrough & Co. Inc. now owns 62,668 shares of the company’s stock worth $10,052,000 after purchasing an additional 25,305 shares during the last quarter. Hedge funds and other institutional investors own 78.63% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on the stock. Citigroup raised their price target on shares of Philip Morris International from $200.00 to $210.00 and gave the stock a “buy” rating in a research note on Tuesday, February 10th. Morgan Stanley raised their price target on shares of Philip Morris International from $190.00 to $200.00 and gave the stock an “overweight” rating in a research note on Wednesday. Needham & Company LLC restated a “buy” rating and set a $200.00 price target on shares of Philip Morris International in a research note on Thursday, April 23rd. Weiss Ratings restated a “buy (b)” rating on shares of Philip Morris International in a research note on Wednesday, May 20th. Finally, UBS Group decreased their price target on shares of Philip Morris International from $181.50 to $168.00 and set a “neutral” rating for the company in a research note on Friday, April 17th. Ten equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat.com, Philip Morris International currently has an average rating of “Moderate Buy” and an average target price of $192.88.

Philip Morris International Stock Up 2.1%

Shares of PM stock opened at $178.66 on Friday. Philip Morris International Inc. has a 12-month low of $142.11 and a 12-month high of $193.05. The firm has a market cap of $278.45 billion, a P/E ratio of 25.13, a PEG ratio of 2.06 and a beta of 0.38. The company has a 50 day moving average of $170.84 and a 200-day moving average of $168.91.

Philip Morris International (NYSE:PM) last released its quarterly earnings data on Wednesday, April 22nd. The company reported $1.96 earnings per share for the quarter, beating analysts’ consensus estimates of $1.83 by $0.13. Philip Morris International had a net margin of 11.61% and a negative return on equity of 142.02%. The business had revenue of $10.15 billion during the quarter, compared to analyst estimates of $9.95 billion. During the same period in the previous year, the business earned $1.69 EPS. Philip Morris International’s revenue was up 9.1% compared to the same quarter last year. Philip Morris International has set its FY 2026 guidance at 8.360-8.510 EPS and its Q2 2026 guidance at 2.020-2.070 EPS. As a group, equities analysts expect that Philip Morris International Inc. will post 8.4 EPS for the current year.

About Philip Morris International

Philip Morris International Inc (NYSE: PM) is a global tobacco company that manufactures and sells cigarettes, other nicotine-containing products and a growing portfolio of smoke-free alternatives for adult smokers. The firm traces its corporate roots to the 19th century Philip Morris enterprise and was established as an independent, publicly traded company following a 2008 separation from what is now Altria. Since the spin-off, the company has focused on serving international markets outside the United States.

PMI’s product mix includes traditional combustible cigarettes as well as smoke-free offerings such as heated tobacco systems and other reduced-risk products.